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SK On LFP Battery Production: SK On may start mass producing LFP batteries for automakers in 2026

SK On LFP Battery Production: The company is in talks with some major traditional automakers, or original equipment manufacturers (OEMs), that are looking to line up LFP battery supply deals, SK On s Chief Administrative Officer Choi Young-chan said. ....

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South Korean auto battery firms take on Chinese rivals but with trepidation, ET Auto

Auto Battery Firm: But LG Energy Solution (LGES), SK On and Samsung SDI say it will be hard to go full steam ahead with lithium iron phosphate (LFP) batteries as they can t yet compete on price, executives and company officials familiar with their business strategies said. Feeding their worries is slowing growth in electric vehicle sales and the potential for changes in U.S. subsidies should President Joe Biden lose the 2024 election. ....

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